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Rupee hits record low of 90: Calculated move by RBI or a sign of losing control?

Last Wednesday, the rupee slipped past the ₹90 per dollar mark. While this drop is labelled as ‘psychologically significant,’ the underlying economic factors haven’t changed much. Yet a specific set of recent events has added fresh momentum, decisively tipping the scales against the currency. The rupee’s rise or fall depends on two main factors: what’s…

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Simplification of customs will be next big reform, says Finance Minister

Union Finance Minister Nirmala Sitharaman. File | Photo Credit: Moorthy G. Ahead of Budget 2026, Finance Minister Nirmala Sitharaman on Saturday (December 6, 2025) said the simplification of customs would be the next big reform agenda for the government. During the current financial year, the government undertook reforms such as rate rationalisation and simplification of…

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Gem & Jewellery show begins at Kochi; global buyers signal new growth wave

T.S. Kalyanaraman, Managing Director, Kalyan Jewellers inaugurating 18th Kerala Gem and Jewellery Show The 18th Kerala Gem and Jewellery Show (KGJS EXPO 2025) opened at the Adlux International Convention Centre, Angamaly on Friday showcasing the finest in gold, diamond, platinum and silver jewellery, along with advanced machinery, cutting-edge equipment and jewellery-tech solutions. The three-day expo…

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RBI raises FY26 GDP growth projection to 7.3%

Image used for illustration purpose only | Photo Credit: Getty Images/iStockphoto Reserve Bank on Friday (December 5, 2025) raised the GDP growth projection to 7.3% for the current fiscal from its earlier estimate of 6.8% following robust economic performance in the July-September quarter. The Gross Domestic Product (GDP) registered a six-quarter high growth of 8.2%…

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